Rate of tax of the composition levy – Traders – Rate of tax shall be 0.5% (CGST) + 0.5% (SGST) = 1% on the taxable turnover only [non-taxable supplies to be excluded w.e.f. 1.1.208 from the turnover] – Rule 7 of the CGST Rules, 2017 as amended.

Goods and Services Tax – Rate of tax of the composition levy – Traders – Rate of tax shall be 0.5% (CGST) + 0.5% (SGST) = 1% on the taxable turnover only [non-taxable supplies to be excluded w.e.f. 1.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =